Federated Hermes (NYSE:FHI) Raised to “Buy” at Wall Street Zen

Federated Hermes (NYSE:FHI) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other analysts have also issued reports on the company. TD Cowen cut their target price on Federated Hermes from $58.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, May 4th. Royal Bank Of Canada boosted their price objective on shares of Federated Hermes from $54.00 to $57.00 and gave the stock a “sector perform” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. cut their price objective on shares of Federated Hermes from $56.00 to $53.00 and set an “underweight” rating for the company in a research note on Monday, May 4th. Evercore reaffirmed an “outperform” rating and set a $59.00 target price on shares of Federated Hermes in a report on Monday, June 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Federated Hermes in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Federated Hermes currently has a consensus rating of “Hold” and a consensus price target of $55.75.

Federated Hermes Price Performance

FHI opened at $60.22 on Friday. The stock has a 50-day moving average price of $57.76 and a 200-day moving average price of $56.28. Federated Hermes has a 12-month low of $46.66 and a 12-month high of $61.01. The company has a current ratio of 2.59, a quick ratio of 2.73 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $4.57 billion, a P/E ratio of 11.19, a PEG ratio of 1.62 and a beta of 0.65.

Federated Hermes (NYSE:FHI) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.19 by $0.19. The firm had revenue of $502.78 million for the quarter, compared to analyst estimates of $488.34 million. Federated Hermes had a return on equity of 24.27% and a net margin of 21.30%.The company’s revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.16 EPS. Equities analysts predict that Federated Hermes will post 5.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Saker Anwar Nusseibeh sold 8,950 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $57.34, for a total transaction of $513,193.00. Following the completion of the sale, the chief executive officer owned 151,276 shares of the company’s stock, valued at approximately $8,674,165.84. This represents a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Bryan M. Burke sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $54.20, for a total transaction of $216,800.00. Following the completion of the transaction, the vice president owned 74,921 shares in the company, valued at $4,060,718.20. This represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Federated Hermes

Several institutional investors have recently added to or reduced their stakes in the company. Schneider Downs Wealth Management Advisors LP increased its stake in shares of Federated Hermes by 3,229.0% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 2,657,263 shares of the company’s stock valued at $137,992,000 after buying an additional 2,577,442 shares during the period. Invesco Ltd. lifted its stake in Federated Hermes by 29.6% in the third quarter. Invesco Ltd. now owns 2,939,908 shares of the company’s stock worth $152,669,000 after acquiring an additional 670,643 shares during the period. Victory Capital Management Inc. lifted its stake in Federated Hermes by 78.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,394,622 shares of the company’s stock worth $72,618,000 after acquiring an additional 615,130 shares during the period. AQR Capital Management LLC boosted its holdings in Federated Hermes by 20.1% in the second quarter. AQR Capital Management LLC now owns 2,978,885 shares of the company’s stock valued at $132,024,000 after acquiring an additional 498,202 shares in the last quarter. Finally, LSV Asset Management boosted its holdings in Federated Hermes by 20.4% in the fourth quarter. LSV Asset Management now owns 2,890,276 shares of the company’s stock valued at $150,497,000 after acquiring an additional 489,275 shares in the last quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Trending Headlines about Federated Hermes

Here are the key news stories impacting Federated Hermes this week:

• Positive Sentiment: Quarterly earnings beat estimates: Federated Hermes reported diluted EPS of $1.38, up from $1.16 a year earlier and above the $1.19 consensus estimate. Revenue reached $502.8 million, exceeding expectations of $488.3 million and increasing 18.3% year over year. Federated Hermes Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Record managed assets support future fee revenue: Total assets under management rose to a record $911.6 billion as of June 30, up 8% from a year earlier and $4.5 billion from the previous quarter. Equity assets also reached a record $109.6 billion. The growth suggests favorable scale and potential support for future operating results. Federated Hermes Reports Record Assets Under Management
• Positive Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.38 per share, equivalent to $1.52 annually and an indicated yield of approximately 2.5%. Shareholders of record on August 7 will receive payment on August 14. Federated Hermes Dividend Announcement
• Neutral Sentiment: Investor focus turns to expenses and outlook: The earnings beat was achieved despite higher operating expenses. Investors may look for additional details from the earnings presentation and call regarding expense trends, asset flows, fee rates and the sustainability of the record asset base. Federated Hermes 2026 Q2 Results Presentation

About Federated Hermes

Federated Hermes, Inc is a global investment manager that provides a range of asset management solutions to institutional and individual investors. The company offers active strategies across equity, fixed income, multi-asset, liquidity, and alternative investments. Through its suite of mutual funds, separate accounts and collective investment vehicles, Federated Hermes seeks to deliver performance-driven outcomes aligned with client objectives and risk tolerances.

In addition to traditional investment management, Federated Hermes has developed specialized capabilities in sustainability and responsible investing, integrating environmental, social and governance (ESG) research into its investment process.